Study Of The Operation Model And Risk Control For Financial Quotient Friends Circle Network Lending Platform

P2P is an emerging network lending platform in recent decade.As an inclusive finance model combining personal loans and internet technologies,P2 P develops and expands rapidly with an overall rising trend.Since the business model of the network lending platform is different from traditional ones,P2 P has its own risk control options.In recent years,the issue of finance industry has emerged greatly as the current risk control program is not suitable for its management.Government regulators have gradually strengthened supervision and guidance of P2 P lending.According to the current classification and characteristics of network lending platforms,Friends Guarantee,a new form of P2 P,is presented in this paper.Based on the proposal,an overall operation model called Financial Quotient Friends Circle is built,and meanwhile its operating mode is compared with others by a comprehensive scoring methods.It's found that Financial Quotient Friends Circle is superior to the existing ones in the operation pattern.Furthermore,this paper puts up risk identification on Financial Quotient Friends Circle,and formulates risk control rule system and specific measures.This study proposes a new mode of operation based on the judgment method and the optimality principle,and the risks identified in the paper can be referenced for improvement of the network lending platform.At the same time,the findings can provide new ideas for domestic P2 P development and government regulation.